DUPLEX IN DURHAM’S WALLTOWN NEIGHBORHOOD

Price:

$215,000

Status:

Sold

Address:

1108 Sedgefield St, Durham, NC 27705, USA

Overview:

SOLD 4/30/20 FOR $180,000
Included $2,000 seller paid credit

This duplex is located in Durham’s Walltown neighborhood. This area has benefited from a tremendous amount of redevelopment, new construction and investment capital in recent years. The location offers immediate access to the Broad Street and Ninth Street retail districts, Duke University and Duke University Medical Center. Both units are one-bedroom units with rents under-market. This is a great value-add opportunity or a potential to buy-and-hold for land value.

Unit Information

UnitTypeSizeLeaseRent
A1 BD/1BA610 SFMONTH-TO-MONTH$550
B1 BD/1BA610 SFMONTH-TO-MONTH$535
TOTAL 1,220 SF $1,085

Property Information

PIN 0822-14-44-7606 Tax Value $153,292
Taxes $1,103.92 Lot Size .16 ACRES
Year Built 1945 Exterior VINYL
Floors CARPET, VINYL Foundation CRAWL
HVAC WINDOW A/C, GAS WALL HEAT Owner Financing NONE
Utilities PAID BY TENANTS Appliances RANGE, REFRIGERATOR
Legal Description THE SUBURBAN L&P CO/BLK:3 8/LT#17 Zoning RU-5(2)
Sold Date 04/30/2020